News/Business (Page 51)

Business Apple unveiled a long-awaited AI strategy on Monday, integrating Apple Intelligence across its suite of apps, including Siri, and announced a partnership with OpenAI to bring ChatGPT to its devices. Tech giant trying to reassure investors as it plays catch-up on artificial intelligenceThomson Reuters · Posted: Jun 10, 2024Continue Reading

Business Canada’s privacy commissioner is teaming up with his U.K. counterpart to investigate a data breach discovered last year at genetic testing company 23andMe. Nearly 7 million 23andMe customers impacted by data breach last yearThe Canadian Press · Posted: Jun 10, 2024 12:31 PM EDT | Last Updated: June 10Continue Reading

Business The Canadian economy added a flat 27,000 jobs in May, while unemployment inched up slightly to 6.2 per cent, Statistics Canada said Friday. More people working part-time involuntarily because they can’t find full-time jobs Jenna Benchetrit · CBC News · Posted: Jun 07, 2024 8:37 AM EDT | Last Updated: June 7Continue Reading

Business With a 10-store presence in Quebec, and a handful of others sprinkled between Vancouver, Edmonton, Calgary and Halifax, Simons is opening two locations in Toronto next year at Yorkdale Shopping Mall and the Eaton Centre, in additions to locations in Mississauga and Ottawa. Retail analysts say Simons doesn’t have problems thatContinue Reading

Business·Analysis Bank of Canada governor Tiff Macklem says the central bank has to rebuild trust with Canadian households. After the last two years of interest rate hikes and messaging missteps, that’s not going to be an easy job. ‘We’re going to have to rebuild that trust,’ governor Tiff Macklem toldContinue Reading

Business The Bank of Canada has lowered its key interest rate to 4.75 per cent, marking the bank’s first rate cut since March 2020. ‘We’ve come a long way in the fight against inflation,’ said BOC governor Tiff Macklem Jenna Benchetrit · CBC News · Posted: Jun 05, 2024 10:11 AM EDTContinue Reading

Business WestJet announced that it has introduced an ultra low-cost fare — and if you like carry-ons, seat choice and earning points, there’s a catch. Sure, you can get on the plane, but that’s about it Jenna Benchetrit · CBC News · Posted: Jun 04, 2024 3:56 PM EDT | Last Updated:Continue Reading

Business Online streaming services operating in Canada will be required to contribute five per cent of their Canadian revenues to support the domestic broadcasting system, the country’s telecoms regulator said on Tuesday. Money will be put toward funding for local, Indigenous broadcasting, per briefing Jenna Benchetrit · CBC News ·Continue Reading

Air Canada serves couple court papers instead of paying compensationAir Canada is going to court to overturn a ruling that it must compensate a B.C. co for a delayed flight. Some experts say this could become a trend and other carriers could flood the courts with more cases. Close toContinue Reading